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that would have a big impact on the u.s. growth story, they say a default on the nation's obligations or a downgrade of the american credit rating would be a tremendous blow to business and investor confidence. so the bank ceos just throwing in their worth. everybody wants to seal the deal at this point. back to you. >> thank, geoff. all eyes on washington. >>> other news for you. police have arrested an awol soldier expected of planning an attack on ft. hood. he's army private nassar jason abdo. he had been stationed at fort campbell and was already charged by the mill it taker for possessing child pornography. police picked up the 21-year-old in his hotel room where they found large quantities of ammunition, weapons and possible bomb making materials. authorities say they were al lerl lettered to abdo after he visited the same store where major hasan bought a gun prior to that 2009 attack at ft. hood that killed 13 people. police believe abdo was looking to, quote, get even at his fellow soldiers and was targeting ft. hood
that would have a big impact on the u.s. growth story, they say a default on the nation's obligations or a downgrade of the american credit rating would be a tremendous blow to business and investor confidence. so the bank ceos just throwing in their worth. everybody wants to seal the deal at this point. back to you. >> thank, geoff. all eyes on washington. >>> other news for you. police have arrested an awol soldier expected of planning an attack on ft. hood. he's army private...
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that is b-b-billion with a b, as in a mighty big number. we lost $32 billion just waiting around for the chance to go. say what you want about tax breaks for the rich. but if you're stuck in traffic, your mercedes is stuck right along next to my chevy. and heaven forbid that a bridge falls down, because we are all in this together. rich, poor, whatever. infrastructure is like that. it's the ultimate expression of collective will, where everyone pays and everyone benefits. we are, after all, stakeholders in our nation. if stuff like a water main breaks, you can go ahead and think of that water main as your water main, because it is. and what if we left the stuff that we own, our stuff, just fall apart? now, we have been talking on this show about happens if congress lets america default on its debt. if they create a situation where america can't pay its bills. the bipartisan policy center has scenarios for that. and the first of them is that we would cut off $5.6 billion for stuff like highways and trains and airports. think about the long-t
that is b-b-billion with a b, as in a mighty big number. we lost $32 billion just waiting around for the chance to go. say what you want about tax breaks for the rich. but if you're stuck in traffic, your mercedes is stuck right along next to my chevy. and heaven forbid that a bridge falls down, because we are all in this together. rich, poor, whatever. infrastructure is like that. it's the ultimate expression of collective will, where everyone pays and everyone benefits. we are, after all,...
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so a big difference in our big cities. also heavy rain overnight through detroit, that's heading for toledo and cleveland this morning. so you're also going to have to deal with a wet morning and maybe even thunderstorms mixed in. so very warm once again this dallas. afternoon thunderstorms in atlanta. chicago today, you'll dry out because your humt levels will drop a little bit. as we go into saturday, notice that it's not that bad of a mess. saturday is looking hot in mid-atlantic, but d.c. will be 94. and finally into sunday, widespread 90s, but not as wet around the country. so overall this weekend is looking pretty good. >> not should shabby. thank you. >>> can an all-star cast pull in all-star numbers at the box office? plus will captain america meet his match? your first look at entertainment is straight ahead. you're watching "first look" on msnbc. this is my robot butler. say i'm missing england. i type in e-n-g... and he gives me a variety of options. would you like to have a look at a map, my lad? ah, why not? s
so a big difference in our big cities. also heavy rain overnight through detroit, that's heading for toledo and cleveland this morning. so you're also going to have to deal with a wet morning and maybe even thunderstorms mixed in. so very warm once again this dallas. afternoon thunderstorms in atlanta. chicago today, you'll dry out because your humt levels will drop a little bit. as we go into saturday, notice that it's not that bad of a mess. saturday is looking hot in mid-atlantic, but d.c....
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tax cut, two big war, a big tax cut, prescription bill that wasn't -- we had a guy on last night that showed almost half the federal debt was caused by bush over the eight years in office. that's serious business. >> everybody loves blaming president bush. >> i just did it. by the way -- >> you can blame anybody you want. who's been in office the last and a half years and doesn't want to correct the problem? place the blame where it is and it falls on both sides of the aisle. >> that was a totally -- >> the president doesn't want to put a plan in place. we've got fix the problem and it's not done by raising taxes. the problem is washington spends too much money. you don't solve that problem by sending washington more money and job killing taxes. you start controlling spending. >> i've heard you say over and over, a $14 trillion debt. half caused by bush. you can't just talk than when he left us with the problem. >> we're here solving the problem and president obama doesn't want to address it. doesn't want to put a plan in writing. we're sending another plan tonight. when will they sta
tax cut, two big war, a big tax cut, prescription bill that wasn't -- we had a guy on last night that showed almost half the federal debt was caused by bush over the eight years in office. that's serious business. >> everybody loves blaming president bush. >> i just did it. by the way -- >> you can blame anybody you want. who's been in office the last and a half years and doesn't want to correct the problem? place the blame where it is and it falls on both sides of the aisle....
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clean is the best way to do this, the traditional way to do this, to where we are now, which is how big a deficit reduction package should accompany it? >> well, as i think the speaker of the house is discovering tonight and is the reality that we all live with here in washington, lawrence, which is that this is a divided government. a two-party system. nobody gets entirely what he or she wants. and, yes, if we had been doing this in the normal way, as has been historically done, there would have been a clean debt ceiling vote, which traditionally has been an unpleasant vote often for members of congress, but routine and noncontroversial and certainly not tied to any kind of deficit reduction package or any other measure for that matter. what happened is that the speaker of the house made clear that -- and republicans in general that they were linking the willingness to raise the debt ceiling to significant deficit reduction. as you know, for a long time, we rejected the link. but because we believe we need to reduce our deficits and get our debt under control. we also worked concurrent
clean is the best way to do this, the traditional way to do this, to where we are now, which is how big a deficit reduction package should accompany it? >> well, as i think the speaker of the house is discovering tonight and is the reality that we all live with here in washington, lawrence, which is that this is a divided government. a two-party system. nobody gets entirely what he or she wants. and, yes, if we had been doing this in the normal way, as has been historically done, there...
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. >> and this speaks it a big concern in that et fis behind you, that if the aaa bond rating is reduced it'll be on the president's watch. >> right. >> that's been the issue here for this white house bp that's why the number one they want to move this debt ceiling issue away from the next two years. yes did is political issue but also an economic issue. some really bad numbers came out of it. all of this uncertainty, we have all known that businesses right now in the last couple of weeks, they have gotten a little nervous. people have held back because they are not sure what is going on. they are not sure how this will end. i think -- look, i still have a lot of confidence that when all is said and done, they will figure it out. all of the leaders are on the same page. all of the same leaders are on the same page. yes, they have an unpredictable, unpredictable group of lawmakers on their hands. so the one thing that i have as a political person, i thought would find surprising at the end of the day, if they do agree what this field will look like, it is going to be a couple of trillion
. >> and this speaks it a big concern in that et fis behind you, that if the aaa bond rating is reduced it'll be on the president's watch. >> right. >> that's been the issue here for this white house bp that's why the number one they want to move this debt ceiling issue away from the next two years. yes did is political issue but also an economic issue. some really bad numbers came out of it. all of this uncertainty, we have all known that businesses right now in the last...
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he is a big loser. but he was afraid he would be an even bigger loser. which is why they changed the bill. i think he felt that if last night he brought it to a vote and he lost, that the tea party types, a lot of other people in the republican party bo come after his speakership. look, this pizza legislation today and ed rendell is right, it is not going anywhere, you're absolutely right. in fact, john mccain said conditioning the debt limit increase on a balanced budget amendment is a fraud. this legislation odd todd isn't about saving the full faith and credit of the united states, it is about saving john boehner's speakership. >> the final vote, they are actually voting right now on this third plan now that would call for even more cuts that would call for a balanced budget to pass both houses and go to the states. didn't have to be ratified for the states before they raise the second limit but it would have to pass oath houses and they are voting right now live this is the main vote that expected to pass. after the speaker, who i'm calling now the w
he is a big loser. but he was afraid he would be an even bigger loser. which is why they changed the bill. i think he felt that if last night he brought it to a vote and he lost, that the tea party types, a lot of other people in the republican party bo come after his speakership. look, this pizza legislation today and ed rendell is right, it is not going anywhere, you're absolutely right. in fact, john mccain said conditioning the debt limit increase on a balanced budget amendment is a fraud....
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there's big battles over the budget. the democrats are getting push back because they went along with governor chris christie. they just slashed benefits for state employees. it's got to be a topic that come ups again if you're elected. how would you move forward on that knowing on the one hand you have state employees who want their benefits in the other, new jersey has the highest property taxes in the nation. >> we know we have the highest property taxes. with the governor slashing the communities it's raising the taxes in those communities. what we need to do is understand that i am 100% for collective bargaining. we fortunate have a situation where that grandfathers in and goes away. the future is now new jerseyians coming together making sure that we continue to push our good schools. we have great schools in jersey. my biggest thing is we have to strive to be the best. we're cutting women's services and all these areas. the reality is that's just passing it on to someone else. >> we were talking about why you chos
there's big battles over the budget. the democrats are getting push back because they went along with governor chris christie. they just slashed benefits for state employees. it's got to be a topic that come ups again if you're elected. how would you move forward on that knowing on the one hand you have state employees who want their benefits in the other, new jersey has the highest property taxes in the nation. >> we know we have the highest property taxes. with the governor slashing the...
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the stunning events playing out in the house could mean big losses on wall street and beyond as this debt ceiling battle pushes down to the wire. for the very latest on today's trading session i'm delighted to welcome back jim cramer host of msnbc's "mad money" and jim, can i begin with the staggering news that apple company is holding more money than the government with over $76 billion and the government with $73 billion and maybe we should ask steve jobs for a handout. >> i did a piece on "mad money" last week which the thought was that the idea that maybe we should have iusa, and in other words, if apple were to put some of the skills together with the government, we would end up with a incredibly powerful government to take over china as opposed the china take us over and astounding the world with the best products. apple is an amazing company and it is not necessarily a reflection of the united states, because every company is jealous oapple, too. >> well, we have had seriously further indication of the recession not lifting anything like we thought with growth revised down for
the stunning events playing out in the house could mean big losses on wall street and beyond as this debt ceiling battle pushes down to the wire. for the very latest on today's trading session i'm delighted to welcome back jim cramer host of msnbc's "mad money" and jim, can i begin with the staggering news that apple company is holding more money than the government with over $76 billion and the government with $73 billion and maybe we should ask steve jobs for a handout. >> i...
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. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> i'm with your krpt nx market wrap. another batch of updeceit earnings not enough to offset dismal economic numbers and lingering fears about the debt debac debacle. the dow jones industrial tumbling. and absolutely dangerous, how one investor described the atmosphere on wall street today telling cnbc the problem is the market reacts to two thing. greed and fear. right now there's no greed in the air, only fear. a lot of that fear based on the ongoing debate in washington over raising the debt ceiling and cutting the deficit. aps an anemic reading on gdp growth, weaker than expected 1.3% while first quarter numbers were prevised to lower to a paltry 0.4%. over a rough week for the market. all major indices giving up between 3.5
. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> i'm with your krpt nx market wrap. another batch of updeceit earnings not enough to offset dismal economic numbers and...
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so you might as well go big. is that the lesson from last night? speaker boehner ought to go back with you and the president and go get the big deal again? >> well i don't want to give speaker boehner any advice. i will tell you this. for what it's worth, maybe i sound like pollyanna, i don't know, but i really do think speaker boehner wants to do something great for our country. i really do. and i think he's one of those folks that candidly would be willing to lose his speakership over doing something great for the country. i believe that, and i think there are a lot of people around here that realize that you know, this is really an opportune time to do something great. nobody wants to default, chuck, and i've got to believe -- as a matter of fact, i more than have to believe, i know that these guys have to have some sort of short-term extension in the event we don't quite get there by tuesday, but one thing i do hope is that the american people, you know, stop worrying. i really do think that we're going to get something done. i'm here in the mi
so you might as well go big. is that the lesson from last night? speaker boehner ought to go back with you and the president and go get the big deal again? >> well i don't want to give speaker boehner any advice. i will tell you this. for what it's worth, maybe i sound like pollyanna, i don't know, but i really do think speaker boehner wants to do something great for our country. i really do. and i think he's one of those folks that candidly would be willing to lose his speakership over...
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i think the big difference is the extent, the time. and he didn't mention that in this, so he's no longer safe yi that it has to get us past 2012. that is also one of the big sticking points is how long will the debt ceiling extension be. >> all right. we're just getting a note here from the associated press. do we still have dave weigel there and emily? >> still here, chris. >> all right, i don't know if either of you heard this, but the house gop is said now that it's going to change the stalled bill and the vote could come as soon as sometime today. what would you expect that to be, dave? >> if they actually hold a vote, that means they won a few people over. there were a couple of problems, some members had, with the pell grant payments in this bill. and if they change that, then they get a bill that can at least move out of the house. but we're talking about real kabuki here. if they end up changing that component to get a few more of those votes, that's the kind of thing that might be tweaked again later for when this returns to
i think the big difference is the extent, the time. and he didn't mention that in this, so he's no longer safe yi that it has to get us past 2012. that is also one of the big sticking points is how long will the debt ceiling extension be. >> all right. we're just getting a note here from the associated press. do we still have dave weigel there and emily? >> still here, chris. >> all right, i don't know if either of you heard this, but the house gop is said now that it's going...
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medicare waub a big piece of this? >> the states are in three places. one, i think they're confident that a deal is going to be struck. they're also just as equally weary that two things would happen. one that there will be a default and that there be a downgrade in their bond ratings and therefore the cost of borrowing is going to increase. and two, they're also concerned about the fact that there's no certainty as to what kind of payments are going to be made for the many state federal partnerships that are out there. whether they be medicaid, transportation or homeland security programs. >> governor, what do they do? you've got to figure out what bills to pay, who to pay, who to furlough, who to owe? >> i think it's pretty good for states to have a spur louse. most of us do in pennsylvania because of investments we made even during the recession as 7.5% unemployment rate and a $600 million surplus. they'll be able to have a little give to cover for a while. the biggest problem is what's going to happen to the recovery. the recovery is not going as fa
medicare waub a big piece of this? >> the states are in three places. one, i think they're confident that a deal is going to be struck. they're also just as equally weary that two things would happen. one that there will be a default and that there be a downgrade in their bond ratings and therefore the cost of borrowing is going to increase. and two, they're also concerned about the fact that there's no certainty as to what kind of payments are going to be made for the many state federal...
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they're going to protect the big three. they want some revenue increases although the two plans on the table don't have that. so we still could be a long way from some kind of conclusion. obama associate told me today that if the president had an extension come to his desk, he feels that president would be obligated to sign it. what's the president going to do? not sign an extension? let the economy default? that's not a very good option. joining us now live from capitol hill, house minority whip steny hoyer of maryland. congressman, great to have you with us tonight. it has been a whirlwind of news. i'll just ask you straight up, what can you tell us at this hour? where are we? >> i think what we're seeing, ed, is a stark example of why we could not no matter what we did come to a compromise with the republicans. their leader wanted to do that. but the party of no is saying no to their own deal. the party of no is putting at risk the american taxpayer, the american family and america itself. i think the american public has
they're going to protect the big three. they want some revenue increases although the two plans on the table don't have that. so we still could be a long way from some kind of conclusion. obama associate told me today that if the president had an extension come to his desk, he feels that president would be obligated to sign it. what's the president going to do? not sign an extension? let the economy default? that's not a very good option. joining us now live from capitol hill, house minority...
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the big story we're watching right now, fast moving developments in the showdown other the debt. there are now just four days until the nation goes to the august 2nd debt deadline. this morning president obama pushed congress to find some sort of compromise. >> what's clear now is that any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people. >> right now house speaker john boehner's frantically trying to tweet his stalled bill to get support from conservatives to get it through the house. >> time is presently short and that is an understatement. >> senator majority leader harry reid's tired of waiting. >> i would ask my friends, my republican friends break away from this thing going on in the house of representatives. >> so today reid's going it alone moving forward with his debt plan. it cuts more than $2 trillion in federal spending and extends the debt limit until march of 2013.
the big story we're watching right now, fast moving developments in the showdown other the debt. there are now just four days until the nation goes to the august 2nd debt deadline. this morning president obama pushed congress to find some sort of compromise. >> what's clear now is that any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people. >> right now house speaker john boehner's frantically...
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he would win the gold medal in the bmx big air. i don't know, remember 1969, people don't know this. it was actually allen martin's first gig. you remember this? you reported on the jump at cesar's palace and it was reminiscent of that crash tonight. >> except for he was -- >> evil kanevil ,,,,,,,,,,,,
he would win the gold medal in the bmx big air. i don't know, remember 1969, people don't know this. it was actually allen martin's first gig. you remember this? you reported on the jump at cesar's palace and it was reminiscent of that crash tonight. >> except for he was -- >> evil kanevil ,,,,,,,,,,,,
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he would win the gold medal in the bmx big air. i don't know, remember 1969, people don't know this. it was actually allen martin's first gig. you remember this? you reported on the jump at cesar's palace and it was reminiscent of that crash tonight. >> except for he was -- >> evil kanevil didn't fair as well. we'll be right back. ,,,,,,,,,,,, [ man ] i got this new citi thankyou card and started earning loads of points. you got a weather balloon with points? yes i did. [ man ] points i could use for just about anything. ♪ ♪ there it is. [ man ] so i used mine to get a whole new perspective. ♪ [ male announcer ] the new citi thankyou premier card gives you more ways to earn points. what's your story? citi can help you write it. tomorrow morning at 4-30. tomorrow morning at 4-30.
he would win the gold medal in the bmx big air. i don't know, remember 1969, people don't know this. it was actually allen martin's first gig. you remember this? you reported on the jump at cesar's palace and it was reminiscent of that crash tonight. >> except for he was -- >> evil kanevil didn't fair as well. we'll be right back. ,,,,,,,,,,,, [ man ] i got this new citi thankyou card and started earning loads of points. you got a weather balloon with points? yes i did. [ man ]...
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. >>> big oil continued to make big money in the second quarter. exxonmobil reported a 41% jump in profits as gas prices hit three-year highs. results were still short of analysts' expectations. >>> shares of the texas giant ended up more than 2%. >>> on the flip side royal dutch shell had the help of higher fuel prices. the oil company nearly doubled its profit to $8.6 billion. speaking of oil, because of tropical storm don, gulf of mexico producers reduced oil and natural gas output and evacuated some platform workers, but analysts don't expect any prolonged production outages. >>> back on the street, we had several other companies beating expectations on thursday. they included starbucks, dupont, metlife, and colgate palmolive. >>> pet owners may have a way to keep their pups happy. we're not talking about dog bones and cat nip. a seattle lab is developing a medical marijuana patch for pets. the purpose is to help ailing animals that suffer everything from arthritis to cancer. developers hope to have the patch ready by the end of the year. what
. >>> big oil continued to make big money in the second quarter. exxonmobil reported a 41% jump in profits as gas prices hit three-year highs. results were still short of analysts' expectations. >>> shares of the texas giant ended up more than 2%. >>> on the flip side royal dutch shell had the help of higher fuel prices. the oil company nearly doubled its profit to $8.6 billion. speaking of oil, because of tropical storm don, gulf of mexico producers reduced oil and...
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what is the big idea, you ask. conservatives are on a winning streak. they have an idea for a unifying force. it's a bad idea but better than nothing which is better than progressives have. the idea that defines the republican party is that taxes are always too high and government spending is always wasteful. there's an overarching philosophy between the government and individual. they imagine a return to a jeffers jeffersonian arcadia. wow. >> this is what bill clinton said when lecturing democrats, better to be strong than wrong. >> wow. >> right now, peggy noonan talked about how this president has become invisible. "the new york times" had an article on it yesterday. you seem to be mourning that fact today. it's what the democrats on the hill are saying. what's happening? >> i'm not specifically -- i didn't mention the president in the column. it's not really an attack on him. it was a statement on progressives or progressivism, i guess liberalism, whatever you want to call it. i don't think liberals have come up with as compelling of a story of our
what is the big idea, you ask. conservatives are on a winning streak. they have an idea for a unifying force. it's a bad idea but better than nothing which is better than progressives have. the idea that defines the republican party is that taxes are always too high and government spending is always wasteful. there's an overarching philosophy between the government and individual. they imagine a return to a jeffers jeffersonian arcadia. wow. >> this is what bill clinton said when...
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the pinpoint forecast as eyewitness news continues. [ male announcer ] brace yourself for the big, bold taste of a subway® bbq pulled pork sub. tender, succulent slow-cooked pork with sweet and smoky barbecue sauce, all on freshly baked bread. subway. eat fresh®. should be refunding taxes they collected to millions of passnegers. >>> tonight the irs says airlines should be refunding taxes they collected to millions of passengers. anyone who purchased tickets before the july 22nd f.a.a. shutdown but are flying during the shutdown are entitled to a federal refund. the irs has now asked the airlines to provide refunds when requested because it has no information about ticket purchases or travel dates. but united and delta tell us that they are referring customers back to the irs. however, american says it is "looking into what we can do." >>> doctors are seeing more pregnant women and new moms hospitalized for strokes. a new c.d.c. study finds that the number of cases jumped from 4100 to 6300 over about a decade. now that's a 54% increase but still not a huge number considering 4 million
the pinpoint forecast as eyewitness news continues. [ male announcer ] brace yourself for the big, bold taste of a subway® bbq pulled pork sub. tender, succulent slow-cooked pork with sweet and smoky barbecue sauce, all on freshly baked bread. subway. eat fresh®. should be refunding taxes they collected to millions of passnegers. >>> tonight the irs says airlines should be refunding taxes they collected to millions of passengers. anyone who purchased tickets before the july 22nd...
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. >> it shot a big hole into the company's results. it will years ago, the ceo and russian prime minister agreed to a partnership with the russian state energy concern. the partnership explicitly forbidden under an agreement with the former french joint venture partner. in may, an arbitration panel ordered siemens to pay damages. another big setback came from the company's health-care operations. the invested heavily in new particle beam therapy to treat cancer. now, it has taken a charge after reevaluating the commercial feasibility of the new technology. the company's other main areas -- heavy machinery and rail transport -- remain strong, but russia says that risks in the global economic outlook are increasing. siemens is already feeling the pressure of increased competition in the wind turbine market. >> the u.s. debt crisis is still unresolved. greece is still struggling with its spiraling debt, and concerns about rome's ability to cut its sovereign debt. italy's borrowing costs soared to almost 6%. the auction was conducted in ab
. >> it shot a big hole into the company's results. it will years ago, the ceo and russian prime minister agreed to a partnership with the russian state energy concern. the partnership explicitly forbidden under an agreement with the former french joint venture partner. in may, an arbitration panel ordered siemens to pay damages. another big setback came from the company's health-care operations. the invested heavily in new particle beam therapy to treat cancer. now, it has taken a charge...
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we have a very big problem. i appreciate the speaker's effort to try to get something through when you have a senate that won't have a debate, but we need a bill that solves the problem long term. i don't think it does enough. i'm optimistic we can still do a better job to solve our nation's problems. >> have you been called in by the leadership this afternoon? >> i have not been called in. i made it clear early on i think we can do better. >> what are you hearing from the republicans? i think we need you to join with us. specifically, what are they saying? >> this is very important. this is the only thing that can happen. then we hear a word that may be tabled in the senate, again. my concern is with the senate that refuses to vote on any plan. the balanced budget amendment has to be done. when we hear about downgrades and defaults, my concern is a bill like this is not good enough to avoid a downgrade. >> is there anything that would satisfy you now? if the speaker said i need to know what you want, what do yo
we have a very big problem. i appreciate the speaker's effort to try to get something through when you have a senate that won't have a debate, but we need a bill that solves the problem long term. i don't think it does enough. i'm optimistic we can still do a better job to solve our nation's problems. >> have you been called in by the leadership this afternoon? >> i have not been called in. i made it clear early on i think we can do better. >> what are you hearing from the...
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charge welcome to the big picture says. let's not forget that we had an apartheid regime right here. i think iraq even funny well. whenever the government says they're going to keep you safe get ready because you're going to make your freedom. for. fun. for the. well it's been called a jet that cannot be matched by any known or projected by it or aircraft a little like the titanic's rhetoric and interesting really it's a little bit of a similar story we're talking about the f. twenty two when it was built the air force was raving about its capabilities however the f. twenty two hasn't been flying anywhere as of late at twenty two that had a number of problems but recent reports say all of them have been grounded until further notice because of this latest thing at this anti-freeze propane oil fumes guess where those were found they were found in pilot's blood the air force figured this out when they noticed the pilots were acting weird they were acting drunk but this is really just the latest blow to the jets it's been tout
charge welcome to the big picture says. let's not forget that we had an apartheid regime right here. i think iraq even funny well. whenever the government says they're going to keep you safe get ready because you're going to make your freedom. for. fun. for the. well it's been called a jet that cannot be matched by any known or projected by it or aircraft a little like the titanic's rhetoric and interesting really it's a little bit of a similar story we're talking about the f. twenty two when...
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Jul 29, 2011
07/11
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it is the first big test of the republican leadership. house speaker john boehner said it is a must that he get that -- that is passed tonight. it will damage his credibility if it does not happen. we will wait to see if he gets the votes. >> with no sign of a deal so far, we have the reaction from the asian markets. >> so far, the markets are lackluster, moving sideways. overall, investors remain nervous as there is still no resolution in sight in the u.s. debt ceiling issue. there is fear that the deal will not be done by next tuesday. some analysts believe that they fear crisis in the u.s. or europe will hit the asian financial markets just as hard as three years ago. despite the economic growth of the past decade, asia still remains deeply reliant on both of them, not only through exports of goods and services, but increasingly through the financial system and capital flows. as for wall street, buyers remained on the sidelines. in the currency markets, the euro continues to slip on sovereign debt fears, while the dollar is volatile ah
it is the first big test of the republican leadership. house speaker john boehner said it is a must that he get that -- that is passed tonight. it will damage his credibility if it does not happen. we will wait to see if he gets the votes. >> with no sign of a deal so far, we have the reaction from the asian markets. >> so far, the markets are lackluster, moving sideways. overall, investors remain nervous as there is still no resolution in sight in the u.s. debt ceiling issue. there...
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Jul 29, 2011
07/11
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FOXNEWSW
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 29, 2011
07/11
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 29, 2011
07/11
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 29, 2011
07/11
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a big tropical storm named don. the lone star state is in the throes of an historic drought and cannot wait for don to arrive. the storm is moving through the gulf of mexico, as you can see, expected to reach southeast texas late tomorrow or saturday with plenty of rain, but not expected to become a hurricane. and abc's matt gutman is in victoria, texas, tonight. tells us about it, matt. reporter: hey, diane. well this tropical storm and the rain it will bring couldn't come at a better time for the folks here. these soybean plans would normally be chest high at this time of the year. instead, the cracks in the soil here are about waist deep. 30 inches down. now, this entire state, almost every inch of it, locked in this devastating drought. grasshoppers are swarming here, huge plumes of them. the rain helps checkckheir population. but the drought has kept them thriving. this mountain lion, parched with thirst, was caught loooong for water in a downtown el paso car wash. and this drought is also disrupting these bats
a big tropical storm named don. the lone star state is in the throes of an historic drought and cannot wait for don to arrive. the storm is moving through the gulf of mexico, as you can see, expected to reach southeast texas late tomorrow or saturday with plenty of rain, but not expected to become a hurricane. and abc's matt gutman is in victoria, texas, tonight. tells us about it, matt. reporter: hey, diane. well this tropical storm and the rain it will bring couldn't come at a better time for...
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Jul 29, 2011
07/11
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and so i mean -- so we got another problem right on the heels of that or another big fight. and the president's budget that he did propose went down 97-0 in the senate, even his own team voted against it. >> right. >> so that didn't work. weedon have a budget now. the republicans say that he hasn't submitted a plan for raising the debt ceiling and now we have got this problem coming up at the end of september. what he is doing on this management of the economy or on the treasury? >> well, first let me explain what is going to happen on tuesday if there is no debt limit increase. the treasury will get $200 billion of revenue during the month of august and we will have to spend $300 billion. and because it won't be able to borrow the extra hundred, about $00 billion of government spending will have to be canceled and that will result in closure of many of the agencies of government. but there will still be $200 billion left that is there and social security costs about 60. defense about 60. debt service on the money we owe about 25. so you can spend all of that and still have
and so i mean -- so we got another problem right on the heels of that or another big fight. and the president's budget that he did propose went down 97-0 in the senate, even his own team voted against it. >> right. >> so that didn't work. weedon have a budget now. the republicans say that he hasn't submitted a plan for raising the debt ceiling and now we have got this problem coming up at the end of september. what he is doing on this management of the economy or on the treasury?...
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Jul 29, 2011
07/11
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 29, 2011
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the company reported a big jump in profits yesterday. other food companies that cater to the well-to-do are reporting similar results. >>> you've heard about all you can eat. how about all you can fly? jetblue airways is offering a a three-month pass for unlimited flights. the blue pass is aimed at business travelers and allows last-minute bookings and changes. prices range from $1,300 to $2,000. the passes are on sale through sunday or until they sell out. >>> here's our favorite story of the day here. so much for a healthier diets. the doughnut burger is a new delicacy making the rounds in several state fairs. the bun is actually two halves of a glazed doughnut loaded with a quarter pound of beef, cheese, bacon and other toppings, as well. each weighs in at about 1,500 calories. that's as much as a whopper and a big mac combined. >> okay, now i've seen it all. >> breakfast of champions. my heart is stopping just reading that. >> oh, my god. i can't even look at that picture. >>> all right. when we come back, a warning from tylenol abou
the company reported a big jump in profits yesterday. other food companies that cater to the well-to-do are reporting similar results. >>> you've heard about all you can eat. how about all you can fly? jetblue airways is offering a a three-month pass for unlimited flights. the blue pass is aimed at business travelers and allows last-minute bookings and changes. prices range from $1,300 to $2,000. the passes are on sale through sunday or until they sell out. >>> here's our...
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Jul 29, 2011
07/11
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so they're warning the u.s., be careful. >> that is a big deal, pushing us into recession is a big problem. zain, thank you very much. we'll chat with you later. >>> on this day in history back in 1981 i thing you remember this. prince charles and princess diana were married. for those of you keeping track of it. prince william and kate middleton celebrating their three-month anniversary today. ♪ [ engine revving ] [ male announcer ] 125 years ago... we invented the automobile. ♪ and 80,000 patents later, we're still reinventing it. ♪ it's no coincidence that the oldest car company has the youngest and freshest line in the luxury class. mercedes-benz. see your authorized mercedes-benz dealer for exceptional offers on the c-class. ♪ >>> good morning. it's july 29th. this is your a.m. "wake-up call." i'm ali velshi. it's 46 minutes after the hour now. about that vote on thursday, it didn't happen. congress made a liar out of me. there could be a vote today unless there isn't a vote today. here's the current u.s. debt ceiling. $14.3 trillion. i know that. i also know tuesday's deadlin
so they're warning the u.s., be careful. >> that is a big deal, pushing us into recession is a big problem. zain, thank you very much. we'll chat with you later. >>> on this day in history back in 1981 i thing you remember this. prince charles and princess diana were married. for those of you keeping track of it. prince william and kate middleton celebrating their three-month anniversary today. ♪ [ engine revving ] [ male announcer ] 125 years ago... we invented the automobile....
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Jul 29, 2011
07/11
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i can't believe i'm endorsing a book when i'm in a big fight with you here. juan, here is the problem and we went over this with rand paul. all of these bills short of cut, cap and balance all of them and you can't tell me what the president's plan is because he didn't have the courage to come forward with one. he didn't do what the republicans did because i think he is in over his head, he is weak and not a leader. that aside -- >> okay. >> thank you for con ceding that point. >> i didn't but go right ahead. >> sean: the republicans have put forward their plan and with all of these plans short of cut cap and balance and what rand paul and i were talking about tonight, we are still increasing spending 8% a year. we are -- not only are we taking a sledge hammer to our kids piggy banks we are taking a bulldozer to freedom our constitution and their future opportunity and that is why this matters. we get this right now. and that is why the president shut should have led. >> let me say this to you, the president has been leading and the president has been trying
i can't believe i'm endorsing a book when i'm in a big fight with you here. juan, here is the problem and we went over this with rand paul. all of these bills short of cut, cap and balance all of them and you can't tell me what the president's plan is because he didn't have the courage to come forward with one. he didn't do what the republicans did because i think he is in over his head, he is weak and not a leader. that aside -- >> okay. >> thank you for con ceding that point....
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Jul 29, 2011
07/11
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these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down. >> yes. correct. >> greta: that is when people goring to be unhappy. >> here is what reid and mcconnell would do. find a way to adjust the bill so you can get votes to get over 60 votes, and send it back to the house, now with democrats having voted for it, you can get democratic votes in the house. and boehner still needs to get a majority of the conference but there is more flexibility there. >> so he's going to lose more there because you can pick up democrats because of the changed bill? >> yes. there are a lot of republicans and i
these are big ifs. boy say none of the guys ran on the balanced budget amendment or did run on not playing micks. politics is another word for compromise in deal making and none of the new members has interest in compromise ordeal making. >> greta: the tweak tonight is a tougher tweak. it adheres to the side of the conservative and inflexible conservatives, right? >> sure. >> greta: goits to the senate. you say it gets ping ponged and tweaked again, it gets watered down....
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Jul 29, 2011
07/11
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KPIX
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that hits every big weak spot in the economy: jobs. 70,000 construction workers and 4,000 f.a.a. employees furloughed. stimulus: 150 airport construction projects stalled. the deficit: $200 million a week in ticket taxes lost because the f.a.a. has no authority to collect them. there are two main staking points. democrats want to make it easier for airline and railroad workers to unionize, republicans don't. and republicans want cuts in so-called essential air servic services. essential air service pays $163 million tax dollars for airlines to fly on little-used routes that might otherwise shut down. in a cbs news investigation, we took one government subsidized flight from washington to virginia's shenandoah valley. we found just four passengers on board and the plane went on to west virginia empty. today transportation secretary ray lahood urged congress to solve their disputes. >> and for all of my friends on capitol hill who give speeches everyday about jobs, the importance of jobs, putting people to work, this is not the time to be laying off 70,000 construction workers. >>
that hits every big weak spot in the economy: jobs. 70,000 construction workers and 4,000 f.a.a. employees furloughed. stimulus: 150 airport construction projects stalled. the deficit: $200 million a week in ticket taxes lost because the f.a.a. has no authority to collect them. there are two main staking points. democrats want to make it easier for airline and railroad workers to unionize, republicans don't. and republicans want cuts in so-called essential air servic services. essential air...